With the first four stages of Round One out of the way, mid-2017 will see the initiation of the National Hydrocarbons Commission’s second leg of licensing rounds: Round 2.1, 2.2 and 2.3. The success of December’s deepwater round is still fresh and hopes are high for the onshore and shallow water rounds to be […]Continue Reading →
Global News Trump Clears Path for Keystone XL and Dakota Access Pipelines
President Donald Trump signed executive orders on Tuesday clearing the way for the controversial Keystone XL and Dakota Access oil pipeline projects. The move comes after campaign promises of creating more jobs through the expansion of the US’s energy infrastructure, and sees key […]Continue Reading →
Oil ends week on a high
Oil prices ended last week on a high, with Brent crude trading at US$55.49 a barrel, up 2.5 percent. The spike comes amid news that OPEC and other countries would hold meetings over the weekend to establish compliance processes for the verification of agreed cuts.
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As US President Donald Trump locks in his ascension to power at Friday’s inauguration, analysts studying the outlook of Mexico’s oil and gas industry face a complex task. While the IMF predicts “US-related uncertainty” will sap Mexico’s economic growth in 2017, the country’s opening oil and gas sector is still celebrating the resounding […]Continue Reading →